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D 53578
26, Break even point of Production.

27. The different Stages of production.

28. Modern long run average cost curve.

(5 x 2 = 10 weightage)
Essay questions, Answer any two questions :

29. Explain the cardinal approach in deriving demand curve.

30. Explain various stages of variable Proportion of production.
31. Discuss the important properties of isoquants. (2 x 4 = 8 weightage)